Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (89849)	4/9/2001 4:35:32 PM
From: isopatch	Respond to of 95453

Took a few ST gains today & bumped up cash. Scalped out of sm/mod size RTN.B pos Opportunity risk is she runs to $33 on China thing. Balanced against perceived market risks of drop back into the 20s makes risk/reward a coin toss from here IMO. Bottom line? Since we're in a Bear Market, caution prevails, so it's "take the money and run"(g) Same decision on PDE, bailed for a nice scalp. Reduced sm/mod TTN pos by 1/3 taking a very sm loss. Continue to hold other positions. Market indices like maybe one more good dip before powerful rally. But, last Thurs was a shot across the bow of the bears IMO. So it's important to stay alert to get what ya want, where ya want it on the long side as selling to pay taxes tapers off. Todays trades take cash above 70% again. Don't want to be 100% cash with a rally very close in time here. But also not aggressively positioning. Again..."will do my best to miss the bottom. It's a lot more fun to average up than average down"(g). Watching several golds here for a reload. And will look to reload RTN.B lower if possible. Cheers to all and I'm outta here for a few hours(G). Isopatch